The online store specializing in vaping products, Kumulus Vape seems to continue to confirm its upward slope on the financial markets. Indeed, the group recorded a 85% growth over the months of April and May 2020.
KUMULUS VAPE: A STRONG DYNAMIC OF GROWTH!
After a first quarter growing by more than 98%, Kumulus Vape confirms its solid growth momentum over the months April and May with growth of over 85%. This strong growth, totally organic, once again demonstrates the resilience of the business model despite the exceptional health context.
This dynamic continues to be driven by both professional and private customers. On the individual market (B to C), the containment measures had resulted in an influx of orders. The easing of these measures in recent weeks has not called into question the good direction of activity. With the professionals, the performances also remain at the rendezvous. As a reminder, many e-cigarette shops had remained open during the months of March and April, because appearing in the list of shops of public interest. With the reopening of shops authorized since May 11, all of these specialized points of sale are now resuming activity.
Source : Zonebourse.com
